India is a ‘slow trundling elephant’ but a viable alternative to China, says veteran investor David Roche

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India is a ‘slow trundling elephant’ but a viable alternative to China, says veteran investor David Roche
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Veteran Investor David Roche said India has been aligning itself with the 'democratic alliances' of the 'richest and most vibrant economies' in the world.

Veteran investor David Roche said India "is a slow trundling elephant" that still has many hurdles, but is now a viable alternative to China.

India could become the world's second largest economy by 2075. And international businesses and investors alike are keeping their eyes on the country.Veteran investor David Roche said India "is a slow trundling elephant" that still has many hurdles, but is now a viable alternative to China. India has been aligning itself with the "democratic alliances" of the "richest and most vibrant economies" in the world, he said.

"So I think we're looking at a transfer of not only fixed investment by corporations, but portfolio investments out of China and into India," Roche said.

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